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Created with Fabric.js 1.4.5 The Requirements of a Buisness plan Name Footer Body Notes 9 Steps to make the perfect buisness plan The executive summary A business plan is an important document that will clarify and organize the structure of your business idea. It is extremely important when presenting it to the bank to keep it neat organised and slickIt may sound like a scary and a long process but taking it step by step will make it easy To start the business plan you need to tell the reader what you want from them. Don't make them wait! Provide a short summary of your entire business. Shouldn't be longer than 2 pages Don't go into depth, this part is just a taster of your business General company description This is where you write your aims and objectives Talk about the business idea and its background. What work have you done for the business already Any key features of your business in the industry What product or service will you be providing double click to change this header text! State any disadvantages - it makes you seem more confident in your idea Product This is where you describe your product in depth Advantages Dissadvantages Product quality Pricing Marketing plan What is your target market? Any competing products? Think about the niche and promotional strategies: Location? Pricing? Advertisements? Analyze the economic state and how it can effect your business Include a sales forecast. It is important to make a realistic sales forecast and a worst case scenario sale forecast. Operations Management Comment on the roles of each member and discuss their skills and their value to the teamShow your enthusiastic and commitment to you project!! Explain the daily operation plan.How would you run your business on a day to day basis?Where is the product being produced?Location? Financial plan The aim of this section is to collate all the figures to give an estimate of the financial future of the company. This needs to include an assessment of 12 months and 4 year profit and loss projection. Appendices Here you include the diagrams, blueprints, images of the prototype, copies of contracts and research.
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